Betting Terminology

Check our betting glossary to get explanations around the main betting terms in the industry.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
D
Dead heat -

This is when two or more selections cannot be separated by the Judge, even after consulting the photo finish. When calculating your bets, simply divide the stake by the amount of runners involved in the Dead-Heat.

Decimal prices -

This price system is commonly used for betting throughout Europe and Asia. This provides the simplest way of calculating your Total Return, i.e. your winnings including your stake. All you have to do is multiply your stake by the decimal price given. For example: £10 x 1.90 = £19.00, including your stake

Distance -

This is the distance of a Race; Five furlongs is the minimum and the four and a half mile Grand National is the longest. Distance is also the margin by which a horse is beaten by the horse directly in front. This can range from a Nose to 'By a distance' (even more than thirty lengths).

Double -

This is a bet which consists of 1 bet involving 2 selections in different events. Both must be successful to get a return.

Draw -

At the overnight declaration stage, all entries in a flat race are given a stall number from where they will start. Depending on the state of the going, the position of the stalls and the layout of the course, the draw may favour high, middle or low numbers at different tracks. Stalls are not used for National Hunt racing and therefore the draw does not apply.

Drift -

This is where the price of one selection increases because of the lack of interest from punters.